Question: Please help with full answers -correct Exercise 14-2 Operating data for Navarro Corporation are presented below. 2017 2016 Net sales Cost of goods sold Selling

Please help with full answers -correct

Exercise 14-2 Operating data for Navarro Corporation are presented below. 2017 2016 Net sales Cost of goods sold Selling expenses Administrative expenses Income tax expense Net income $748,500 462,500 122,000 64,500 31,000 68,500 605,000 391,000 67,500 55,000 23,500 68,000 Prepare a schedule showing a vertical analysis for 2017 and 2016, (Round answers to 1 decimal place, eg. 48.5%

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